LAKELAND, FL 33809 1025 W SOCRUM LOOP ROAD
$675,000
3 more
Presented By: SAUNDERS REAL ESTATE, LLC with 863-648-1528. - 863-648-1528
SQFT • 5,764
Home Details
PLEASE SEE ATTACHED PROPERTY BROCHURE FOR ALL DETAILS! This sale encompasses two addresses, in two different parts of town. On the northside of Lakeland are 7 mobile homes located at US 98 North and West Socrum Loop Road. The second location is at 711 Nashville Road at Old Tampa Hwy and Memorial Blvd. This location has two homes.
The current owner purchased the two assets and has been renovating the units. There is a tremendous amount of upside with this asset, as 4 units are vacant, and the remainder under market. The vacant units are ready to rent and market rates are strong currently.
The proforma scenario represents a 13.61 cap rate with conservative Pro-forma rent expectation at $116,900.
Presented By: SAUNDERS REAL ESTATE, LLC with 863-648-1528. - 863-648-1528
Interior Features for 1025 W SOCRUM LOOP ROAD
Bathrooms
Total Baths
Other Interior Features
LivingAreaSourcepublic records
Air Conditioning Y/NYes
General for 1025 W SOCRUM LOOP ROAD
Additional Parcels Description23-28-22-093500-007240
Additional Parcels Y/NYes
Building Area Unitssquare feet
Citylakeland
Construction Materialsmetal frame
Coolingwall/window unit(s)
Countypolk
Directions1025 w socrum loop - us 98 north just north of wilder road on the east side.
711 nashville rd- wabash to old tampa hwy to address.
Flood Zone Codex
Flood Zone Code XY
HOANo
Legal Descriptionbeg 339.03 ft e of sw cor of nw1/4 of nw1/4 cont e 210 ft n 334.8 ft w 210 ft s 334.96 ft to pob less r/w
Listing Termscash, conventional
Living Area Unitssquare feet
Lot Size Square Feet71874
Lot Size Unitsacres
MLS Area33809 - lakeland / polk city
ModificationTimestamp2025-04-09t05:00:17.823z
New ConstructionNo
Ownershipcorporation
Property Conditioncompleted
Property Subtypemulti family
Property Typecommercial sale
Roofmetal
Sewerseptic tank
Standard Statusactive
Statusactive
Tax Annual Amount6828
Tax Year2024
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Waterfront Y/NNo
Year Built1980
Zoningrl4
Exterior for 1025 W SOCRUM LOOP ROAD
Building Area Total5764
Foundation Detailscrawlspace
Lot Dimensions\
Lot Size Acres1.65
Lot Size Area1.65
Number of Buildings9
Number of Lots2
Road Frontage Typecity street, main throrughfare
Road Surface Typeasphalt
Water Sourcepublic, well
Additional Details
Price History
